Thread regarding Fiserv Inc. layoffs

It looks like VPs and SVPs are trying to sell "unicorns" to keep employees in the company and get the "attrition" bonus.
If you want to move on or quit, don’t wait for any internet promises.
It would be foolish of you to believe internet fake news; don’t blame anyone else.

Is this year’s merit pool 2% or 3%?

Someone is smoking something. No one gets 15% at FuServ.

BS, "merit increase" effective 5/1. Is that you Frank getting 15% pay increase already under the table as SSA commissioner? I am going to call Donald.

Manager here that finished doing comp planning a few days ago. As expected the raises this year are less than last year, so it's hard to get everyone to even 2%. Don't blink when you get your first check ~5/1/25 you might miss the change.

This sh--s real, I got one too, I was fu--ing shocked.

I suspect they are in discussions about how much of a cut in salary they will push on us while showing how many billions they have spent this year for stock buyback. This would not surprise me at all.

Take your meds.

Cr------d. This didn’t happen.

OP, hope you enjoyed that dream.
Realty check. You work at Fiserv.
Where the motto is less is more.

15% or 3%

A 15% merit increase is significant and typically awarded for exceptional performance. For example, Alex, a Sales Associate, received a 5% merit increase due to consistently meeting and exceeding sales targets, which contributed to a 15% increase in revenue, indicating a "good" merit increase for someone in that role.

However, the average merit increase in 2024 was around 3.3%, according to Mercer's latest QuickPulse U.S. Compensation Planning Survey.
This suggests that a 15% merit increase is above average and usually reserved for top performers who have made substantial contributions to the organization.

And everyone stood up and clapped.

You people who continue to post nonsense need mental help, seriously.

In all seriousness, when will we receive our merit increases????

LOL. Sounds like a good dream!!!

Dreaming

Bwahahahahahahaha!!!!

I work in HR - there were no 15% merit increases.

Um, today's Sunday.
Banks are closed.
No new action on your account happened today.

Troll Grade: D+

troll detected

Lol and then they woke up....

I don't believe what I just read. Fiserv can't afford that.

Oh. He/she is back. You and fu--ing Karen please get RIF’ed

If this is true then it’s related to a single person with unique/unusual circumstances. For the rest of us it’s BS because..

Fiserv don’t do anything good for employees.

Corporate merit cycle is effective 1st May.

US merit increase is based on 3%.